03/05/13
Marketplace for Tuesday, March 5, 2013
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Episode Description:
The Venezuelan government announces the death of President Hugo Chavez. Meanwhile, the Dow Jones Industrial Average hit a new record high, but does that mean the overall economy is better? Americans lost an average of 40 percent of their wealth from 2007 to 2010. Fox is launching a new 24-hour cable sports network that will directly compete with ESPN. And the Chinese government is moving ahead with legislation to combat land seizures from the nation's 650 million farmers.
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The economic legacy of Hugo Chavez
Venezuelan Vice President Nicolas Maduro says President Hugo Chavez has died. We look back at the legacy the leader left behind.
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Wealth effect: Has the Dow high restored yours?
The recession and stock market collapsed cost Americans 40 percent of their net worth. Now that the Dow is back, how much wealth has been recovered?
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Dow hits new high, erasing crisis swoon
Does the new Dow high mean mission accomplished for the U.S. economic recovery? Not so fast, but it closes another chapter on the financial crisis.
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Seizing homes, seizing lives: The anatomy of a Shanghai land grab
The story of Maggie Lane, a Shanghai land grab gone wrong. Forty million Chinese people have lost their homes to local governments, bent on boosting GDP. The incoming government of Xi Jinping may change that.
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New FOX sports network: More games, higher cable bill?
More competition to win TV contracts could drive up cable costs.
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What's up, Europe? The austerity edition
A guide to living under austerity (and that's another word for sequester).
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In defense of clowns
Germany's Circus Roncalli responds when the leader of the German opposition calls the frontrunners in the Italian election "clowns."
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